Volume : II, Issue : X, October - 2013

Management of Financial Services Companies in India

Mrs . Chennamaraju Shalini, Mr P. B Reddy, Dr. Morusu Siva Sankar

Abstract :

This topic attempts a critical review of the performance and policy concerning Indian Banking since the early 2000s whence economic reforms were formally introduced. This paper presented only research purpose, Financial services are the economic services provided by the finance industry, which encompasses a oad range of organizations that manage money, including credit unions, banks, credit card companies, insurance companies, accountancy companies, consumer finance companies, stock okerages, investment funds and some government sponsored enterprises. As of 2004, the financial services industry represented 20% of the market capitalization of the S&P 500 in the States. The U.S. finance industry comprised only 10% of total non–farm business profits in 1947, but it grew to 50% by 2010. Over the same period, finance industry income as a proportion of GDP rose from 2.5% to 7.5%, and the finance industry‘s proportion of all corporate income rose from 10% to 20%. The Indian financial services sector is one of the most complex, yet one of the most robust service segments of the Indian economy. Spanning from insurance to capital markets, banking to foreign direct investments (FDI) and from mutual funds to private equity (PE) investments, the financial services sector covers all related segments under its umella. Having major effects in its abstract as well as physical form post liberalisation, the financial services segment is undoubtedly the mainstay of Indian economy

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Chennamaraju Shalini, Mr P.B Reddy, Dr. Morusu Siva Sankar / Management of Financial Services Companies in India / International Journal of Scientific Research, Vol.2, Issue.10 October 2013

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